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  3. 1. how does a parent company account for its inves

1. How does a parent company account for its investments in subsidiaries past the acquisition date...

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Accounting

1. How does a parent company account for its investments insubsidiaries past the acquisition date (in subsequent years) on itsown books ? What are some of the additional documents an accountantwill have to prepare in addition to the consolidated balance sheetsubsequent to an acquisition?

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Meaning A subsidiary is a company that is controlled by another company that owns 50 or more of its voting stock The controlling company also called the parent company is said to have a controlling interest in the subsidiary This type of parentsubsidiary relationship typically comes about as the result of acquisitions or heavy investment by a    See Answer
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